Courier, Express and Parcel Market Outlook

Courier, express, and parcel (CEP) are the services that provide delivery of various goods and products through land, air, or waterways across locations. The packaged goods are non-palletized and generally, weigh around a hundred pounds altogether. These services function typically on business-to-business (B2B), business-to-customer (B2C) and customer-to-customer (C2C) model, combined with other value-added services for the enhanced delivery experience.

The global courier, express and parcel (CEP) market size reached US$ 394 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 519.6 Billion by 2027, exhibiting at a growth rate (CAGR) of 4.61% during 2022-2027.

Unlike conventional courier and parcel services, express deliveries are generally time-bound, enabling high-value consignments to be delivered in few days or at a pre-decided date and time.

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In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Courier, Express and Parcel Market Trends:

The growing e-commerce industry and elevating cross-border trade are driving the growth of the market. The emergence of cross-border trade channels, particularly in the emerging economies, has escalated the number of international trade and B2C shipments. Moreover, growing consumer traction for online shopping through e-commerce portals further bolsters the market growth.

E-commerce retailers partner with courier service companies for the delivery of goods across domestic and international locations. Additionally, technological advancements, such as integrating digital technologies with crowdsourced delivery models, further aggravate the market growth. These technologies help enhance overall operational efficiency and meet customer requirements effectively. Furthermore, rapid urbanization, increasing consumer expenditure capacities, and growing manufacturing industry is further projected to drive the market growth.

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In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players.

  • Aramex PJSC
  • Deutsche Post AG
  • Fedex Corporation
  • La Poste SA
  • Pos Malaysia Berhad
  • Poste Italiane SpA.
  • PostNL NV
  • Qantas Courier Limited
  • Royal Mail Group Plc
  • SF Express Co. Ltd.
  • SG Holdings Co. Ltd.
  • Singapore Post Ltd.
  • United Parcel Service Inc.
  • Yamato Transport Co.

Key Market Segmentation:

The report has segmented the market on the basis of service type, destination, type, end-use sector and region.

Breakup by Service Type:

  • B2B (Business-to-Business)
  • B2C (Business-to-Consumer)
  • C2C (Customer-to-Customer)

Breakup by Destination:

  • Domestic
  • International

Breakup by Type:

  • Air
  • Ship
  • Subway
  • Road

Breakup by End-Use Sector:

  • Services (BFSI- Banking, Financial Services and Insurance)
  • Wholesale and Retail Trade (E-commerce)
  • Manufacturing, Construction and Utilities
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

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Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive mapping of the competitive landscape

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